CFPB resumes operations after Trump administration challenges
The Consumer Financial Protection Bureau (CFPB) is resuming operations after being significantly affected by the Trump administration's efforts to shut it down. The agency has called back staff to address a backlog of 16,000 complaints. The CFPB's Fair Lending Office is also preparing its annual report to Congress, marking a return to normalcy. The agency's website is functioning again after being inactive since the Trump administration took over. Legal battles continue over the Trump administration's attempts to limit the bureau's operations. A federal judge has temporarily halted some actions but has not yet ruled on the broader issue of the agency's future.